960-962 Hamilton

A L L E N T O W N

960 - 962 HAMILTON PORTFOLIO RES/COMMERCIAL MIXED APPLICABLE NIZ ZONE ZONING -

B-2 CENTRAL BUSINESS

4 - RESIDENTIAL 2 - COMMERICAL 6 - UNITS TOTAL

C L A S S

1 . 5 M M

B .32 DOWNTOWN ACRES OVER 10,000 SF MIXED SPACE

360 Virtual Tour

Interior/Exterior Photography

Aerial Video

**CLICK HERE FOR PHOTOS** **CLICK HERE FOR VIDEO** **CLICK HERE FOR 360 VIRTUAL TOUR** We’re a full-service cinematic agency, deployed around the Lehigh Valley at a moment’s notice to transform brand and business directives into compelling film work. We’re passionate about taking projects from start to finish, or plugging into any aspect of production as needed for clients of all sizes. We specialize in real estate photography.

484.767.4213 www.360mediapro.com

360mediapros@gmail.com

LOCATED WITHIN NIZ ZONE/OPPORTUNITY ZONE

APPLICABLE NIZ ZONE PLUS OPPORTUNITY ZONE TAX BENEFITS

PAST ALLENTOWN REDEVELOPMENT

REDEVELOPMENT

ZONE

Property Details

KEY LOCATION PROPERTY IS LOCATED WITHIN ALLENTOWN NIZ, WHICH OFFERS VARIOUS STATE AND LOCAL TAX ABATEMENT INCENTIVES FOR BUSINESSES LOCATED WITHIN THE ZONE.

960 & 962 HAMILTON ST. ALLENTOWNN, PA

OFFERED AT $1.5MM

Features and Amenities LONG TERM TENANTS CASH FLOWING OPTIMAL FOR NIZ PROJECT RE-RENT AT MARKET RENTS ICONIC EXTERIOR 1.5 BLOCKS FROM PPL

Natural Light Hard Wood Floors NEWER CARPETING NEWER ROOF WELL MAINTAINED UPDATED FLOORING UPDATED KITCHENS UPDATED PAINT

Property Facts

TWO (2), THREE (3) STORY BUILDINGS BUILT IN 1900S AND RENOVATED .32 ACRES OF DOWNTOWN LAND 6 UNITS TOTAL (4 RES, 2 COMM) CLASS B ASSET OVER 10,000 SF OF MIXED USE SPACE

960 Detail Shots

962 Detail Shots

ADJACENT PROPERTY DEVELOPMENT

THE LEHIGH VALLEY INVESTMENT MARKET AREA BALANCED, DIVERSE & GROWING The Lehigh Valley’s gross domestic product (GDP) reached a record-high $41.2 billion* for 2018, growing by 2.7% from the previous year. *This figure excludes government spending, which adds $3.8 billion for a total of $45 billion.

The private sector input of Lehigh Valley GDP of $41.2 billion is higher than that of the entire states of Wyoming and Vermont, and if the Lehigh Valley were a country, it’s economy would be the 90th largest in the world.

MULTI-FACETED ECONOMY Finance, Insurance and Real Estate ($7.6 billion, +4.26% year-over-year) Manufacturing ($7.4 billion, +10.4%) Education, Health Care and Social Assistance ($5.5 billion, +4.63%) Professional Services ($5.2 billion, +2.52%) Retail ($2.4 billion, +1.4%) Transportation and Warehousing ($2.1 billion, 8.8%) Information: $2.1 billion (+10.5%) Construction: $1.8 billion (not reported in 2017) Arts, Entertainment, Accommodation & Food Services: $1.7 billion (no change) *THESE GDP FIGURES DERIVE FROM THE BUREAU OF ECONOMIC ANALYSIS (BEA)

THE NUMBERS

TOP 10

YEAR 2019

#1

Lehigh Valley ranked among the

Lehigh Valley also was rated as the

top 10 markets for homebuyers

number-one market in the country

between the ages of 18 and 35 in

for improved homebuying

the Q3 2019 Generational

affordability in the last 12 months,

Propensity Report.

according to realtor.com’s Q3 2019 Affordability Report.

$41.2B

65TH

“The Lehigh Valley is continuing its

90 minutes west of New York City

largest period of economic growth

and 60 minutes north of

since the early 20th Century,” said

Philadelphia, is the 65th largest

Don Cunningham, President & CEO

metropolitan region in the United

of the Lehigh Valley Economic

States and the best performing

Development

region of its size for economic

Corporation (LVEDC).

development in the Northeastern US for the past three years.

CONTACT

Adekunle Popoola Info@popoolaproperties.com 216-347-6830